mirakal
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April 10, 2019, 05:36:30 AM |
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hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks
I have tried trading with binance and they didn't require me to pass a KYC or any Id verification which made things more convenient. There are just exchanges which require Kyc and it still has an advantage because it helps and assures the security of our coins. yes, some exchangers do not require KYC to trade. however, this has limitations. maybe above 2 bitcoin, you have to do a verification id. however the verification ID is done for those who make large transactions. The exchange you are referring is Binance, yes until now they don't require KYC for that level of transaction. I read some article that they might face some regulatory problem in the future, but I think they know what they are doing, so let's just enjoy what they offer which is to trade with ease. If it will be change to fully required KYC, I hope that time their decentralized exchange will also be launch.
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Hannahanto
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April 10, 2019, 07:33:40 PM |
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I have and still trading on a well known exchange which do not verify individual's identity. It depends on the exchanges and where its from. Few countries do not allow their citizens to crypto platform, hence the exchanges do have rules on id verification to avoid issues. The reasons for verification may not be the same to each exchange.
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Ipwich
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April 11, 2019, 02:35:07 AM |
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I have and still trading on a well known exchange which do not verify individual's identity. It depends on the exchanges and where its from. Few countries do not allow their citizens to crypto platform, hence the exchanges do have rules on id verification to avoid issues. The reasons for verification may not be the same to each exchange.
The increasing number of exchange gives an ease to the traders. There are sites that are not strict and they allow us to trade even without ID verification, and because of that they gain lots of traders. We cannot deny the fact that there are people who don't want to share their information, so we need exchanges that does not require KYC.
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pinoyden
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April 11, 2019, 02:58:06 AM |
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There are sites that are not strict and they allow us to trade even without ID verification, and because of that they gain lots of traders.
binance gains alot of traders but they do require i.d verification . other exchanges don have i.d verification but why they dont get alot of traders ? its because of the volume , not the i.d or kyc that what attract traders the most . that is the advantage of binance over other online exchages . We cannot deny the fact that there are people who don't want to share their information, so we need exchanges that does not require KYC.
yes almost all of us dont want that to happen . we are working online and we dont really know that person or the platform that we are dealing with , thats why we dont give our personal infos easily . in the meantime . kyc is not really necesary . you can still use any exchange as long as you dont exceed with your limits .
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Mpamaegbu
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April 11, 2019, 03:10:42 AM |
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Binance dont need KYC and enable trading between altcoins and withdrawing up to 2 bitcoin per day. More than 2 bitcoin require KYC.
Well, you can't say that now of Binance because you must have to pass Level 1 verification before you can withdraw that 2btc daily. This level of verification is phone or Google authenticator verification. I do think it's a good thing anyway as it helps to further secure one's funds.
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3x2
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April 11, 2019, 03:14:57 AM |
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Now a days id verification or KYC is mandatory in every major exchange, so i happen to ignore all big exchanges whether it is bittrex or binance. I prefer decentralized exchange, though the volume is less there but i love them as i dont have any privacy concerns there.
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Farma
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April 11, 2019, 03:50:08 AM |
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Now a days id verification or KYC is mandatory in every major exchange, so i happen to ignore all big exchanges whether it is bittrex or binance. I prefer decentralized exchange, though the volume is less there but i love them as i dont have any privacy concerns there.
yes, and I think this is a natural thing. however, there are still some exchangers who do not need to verify ID, or KYC to conduct low transactions. most exchangers also like that. well, this is an advantage for me who rarely make big transactions.
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Aivaryamal
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April 11, 2019, 04:41:20 AM |
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Usually, in this case, such decentralized exchanges as forkdelta may be suitable, also idex does not require verification, the volumes there though small, but you can also trade
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calya
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April 11, 2019, 05:13:25 AM |
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Usually, in this case, such decentralized exchanges as forkdelta may be suitable, also idex does not require verification, the volumes there though small, but you can also trade
dex exchanges did not require any identification document.but most of them has low daily volume trading.and now look like binance dex will be the solution for this.and many people will trade on it to hide their id if trade in centralized exchanges.
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CryptoLing
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April 11, 2019, 07:04:46 AM |
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Usually, in this case, such decentralized exchanges as forkdelta may be suitable, also idex does not require verification, the volumes there though small, but you can also trade
You don't need a DEX to trade without KYC, there are a lot of "traditional" exchange that allows you to trade without KYC. For instance, look Crex24, Binance, CoinExchange and many more. But beware of scammy exchanges !
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gilangIDR
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April 11, 2019, 08:29:29 AM |
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hi i was just wondering if there where any crypto exchanges that dont require lots of verification i registered with coinbase and within an hour i was getting phone calls soliciting me with services is there any exchanges that just let you email verify like bitmex does and lets you trade between altcoins? thanks
I prefer services that have KYC features, in my opinion it can provide confidence that the exchange has a better security system. It is indeed difficult to become a benchmark, but when something bad happens like hacking, the exchange can be much more responsible and see who owns the assets in the exchange. Doing KYC is easy, we don't need a long time. so let's think about being able to try to do something far more optimal.
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HyughA
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April 11, 2019, 01:01:03 PM |
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hello you can use okex or binance, but the coins and coins that are traded are limited, if you are not KYC, your withdrawals are also limited, so you must really understand and manage your own balance on the market
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April 11, 2019, 02:04:44 PM |
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I suggest to trade on Digifinex, without verifying ID you can deposit and withdraw
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Ucy
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April 12, 2019, 06:43:48 PM |
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There are lots of them. My only concern is that when you list the exchanges here, something bad might happen to them. I would advise you or anyone who need this information to do some Google search. There are some "credible" exchanges that don't make such demands. You could also try the decentralized exchanges. Most of them don't require kyc
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jhongzjhong
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April 12, 2019, 08:11:35 PM |
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There are lots of them. My only concern is that when you list the exchanges here, something bad might happen to them. I would advise you or anyone who need this information to do some Google search. There are some "credible" exchanges that don't make such demands. You could also try the decentralized exchanges. Most of them don't require kyc
It would a great help to the OP if you name it, a trading exchange that bases on Ethereum platform that is usually not implementing KYC/AML verification. Like Etherdelta and Forkdeltha they were having verification. Most exchange now that centralized was having ID verification. But Binance exchange did not implement to pass ID verification as long as below 2 bitcoin.
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qmclak
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April 13, 2019, 04:40:54 AM |
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I think binance is the best place to trading no KYC. Because some other exchange that they have policy you have to be AML/KYC passed in order to trade abd withdraw funds. Some exchange seems not trusted especially if they have some issues and complain. Seems a re flag to me when users start complaining about their withdrawal.
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stadus
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April 13, 2019, 04:45:36 AM |
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There are lots of them. My only concern is that when you list the exchanges here, something bad might happen to them. I would advise you or anyone who need this information to do some Google search. There are some "credible" exchanges that don't make such demands. You could also try the decentralized exchanges. Most of them don't require kyc
It would a great help to the OP if you name it, a trading exchange that bases on Ethereum platform that is usually not implementing KYC/AML verification. Like Etherdelta and Forkdeltha they were having verification. Most exchange now that centralized was having ID verification. But Binance exchange did not implement to pass ID verification as long as below 2 bitcoin. I think OP if he will start reading the comments here, he will get the right answer. Binance is the best centralized exchange that does not require KYC, and for decentralized exchanges, KYC is not necessary anymore.
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Freny250
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April 13, 2019, 10:50:34 AM |
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Binance does not need kyc for you to be able to trade you can easily trade and make withdrawal up to 2 btc without KYC
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futureofeth
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April 13, 2019, 04:07:43 PM |
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Yes, in Binance exchange i am trading without Id verification, but for withdrawal, there is some restriction in Binance exchange. I hope it is good to verify your account for trading the coin because it will improve your withdrawal limit. Because Binance exchange are listing very good coin which will help us to make some decent profit but we need to hold them for some time.
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ginobitcoiner
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April 13, 2019, 04:55:04 PM |
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Binance dont need KYC and enable trading between altcoins and withdrawing up to 2 bitcoin per day. More than 2 bitcoin require KYC.
indeed most exchangers actually don't ask for KYC if only for trading, besides binance I give an example of IDAX, https://www.idax.proThis exchanger requests KYC when you will Withdraw, and even then if the amount of your Bitcoin withdrawals is in large amounts.
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